Showing 1 - 10 of 75,957
Persistent link: https://www.econbiz.de/10001720712
markets on the cost of macroeconomic volatility there. We find that macroeconomic volatility has a potentially large impact on … even for risk neutral multinationals, as their profit function is non-linear due to price and productivity effects. For … industries with costly capacity, the multinationals would tend to invest in the more stable emerging markets. Higher volatility …
Persistent link: https://www.econbiz.de/10012469306
markets on the cost of macroeconomic volatility there. We find that macroeconomic volatility has a potentially large impact on … even for risk neutral multinationals, as their profit function is non-linear due to price and productivity effects. For … industries with costly capacity, the multinationals would tend to invest in the more stable emerging markets. Higher volatility …
Persistent link: https://www.econbiz.de/10013243418
Persistent link: https://www.econbiz.de/10012509998
Persistent link: https://www.econbiz.de/10003824660
This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...
Persistent link: https://www.econbiz.de/10003808670
Persistent link: https://www.econbiz.de/10011392822
Persistent link: https://www.econbiz.de/10011753763
Persistent link: https://www.econbiz.de/10011813843
with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with …
Persistent link: https://www.econbiz.de/10011386602